What Is Decentralized Finance | Explained With Animation

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What Is Decentralized Finance | Explained With Animation

Decentralized finance is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum.

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#defi #nft #cryptometaverse

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How is defi beneficial, you need to OWN more than you're borrowing and majority of people need loans because they don't have enough money

If I'm not understanding then please explain

lesliegyasi
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Can you please make an explanation video for:

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bravocharlie
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Many maintain that Crypto is a hedge against inflation and is very stable. But in the last 3 weeks the market has fallen and Crypto has proved more volatile than the global economy?? Something is not adding up!

julienrocher